Indices closed UP.
S&P 500 @ 2810.92, high 2821.24, low 2799.78
RSI @ 64.30
CMF @ 0.109
Internals were :
UP volume led by 3.70 to 1 in NYSE & 1.73 to 1 in Nasdaq
Advancing stocks led by 2.43 to 1 in NYSE & 1.62 to 1 in Nasdaq
Net new 52 wk highs were leading by 221 in NYSE & 46 in Nasdaq
VIX Down 2.61% @ 13.41
Oil @ $58.26
Gold @ $1309.30
Stocks which were UP 1% or more included BZUN SQ TSLA
SHOP MOMO AMZN NVDA NIU AAL VICR FSLR
PRNB FFIV NFLX PANW NTNX CHK TK RIG
SPWR TRIP SU ULTA CNX....
AH news...SMTC Down 6.76%, CLDR Down 15.47%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong earlier but gave up some gains due to BA shutdown order by USA & most countries. Internals were positive. Brexit is playing its own drama while pound jumped UP. Indices have started to make new 2019 highs already which is a good thing. Expecting more follow up on the up side on Thursday.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold MLNX @ 118.07
I'm not a merger arbitrageur, so I'll take the money and move on from here, despite what is likely that this stock achieves the full $125 in some months.
Bought SWKS @ 81.84
I wanted to stay in chips, and after resting here since earnings, I think SWKS might be ready to go again. As one of my favorites generally due to management, their prominence as 5G starts to roll out more should ever grow.
Stocktrader
Hi Stocktrader,
Good luck with SWKS.
Excellent play with MLNX.
Saleem
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